Allen Mark C - Sep 6, 2023 Form 4 Insider Report for DENBURY INC (DEN)

Role
Executive VP & CFO
Signature
/s/ Robbie Hudson, attorney-in-fact for Mr. Allen
Stock symbol
DEN
Transactions as of
Sep 6, 2023
Transactions value $
$27,832
Form type
4
Date filed
9/8/2023, 05:30 PM
Previous filing
Aug 31, 2023
Next filing
Oct 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DEN Common Stock Options Exercise $27.8K +786 +0.27% $35.41 292K Sep 6, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DEN Series B Warrants (Right to Buy) Options Exercise $0 -1.3K -100% $0.00* 0 Sep 6, 2023 Common Stock 1.3K $35.41 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 6, 2023, Mr. Allen exercised his aggregate holdings of 1,299 Series B Warrants on a cashless basis at the exercise price of $35.41 per share, resulting in a net issuance to Mr. Allen of 786 shares of Denbury Inc. common stock, in accordance with the Series B Warrant Agreement, dated September 18, 2020.